Radisson Hotel, Somerset Place, The Met 3 Properties in Winnipeg, MB

This portfolio presents a rare opportunity to acquire a connected downtown Winnipeg campus anchored by three complementary assets: The Somerset Building, The Metropolitan Entertainment Centre (The Met), and the Radisson Hotel. Positioned within Winnipeg's Sports, Hospitality and Entertainment District (SHED), the properties benefit from direct access to the city's primary business, convention, entertainment and tourism infrastructure while creating a unique ecosystem for office users, hotel guests, event attendees and corporate groups.
The Somerset Building is a nine-storey office and retail asset featuring Portage Avenue frontage, skywalk connectivity to the Canada Life Centre, and direct connections to the Radisson Hotel parkade. Originally constructed in 1908, the property serves as an owner-occupier and value-add investment opportunity with retail exposure along one of Winnipeg's most recognizable commercial corridors.
The Met complements the portfolio as a fully restored historic entertainment venue and National Historic Site. Following an extensive restoration and expansion program completed in 2012, the property offers banquet, gala, conference and entertainment capabilities with occupancy for up to 1,120 guests, rooftop amenities and preserved heritage features that create a distinctive event destination.
The Radisson Hotel further strengthens the portfolio through its 263-key hospitality component and attached 319-stall parkade, creating operational synergies with both the office and event assets. Together, the three properties form a contiguous downtown campus connected by Winnipeg's skywalk network and surrounded by major demand generators including Canada Life Centre, RBC Convention Centre Winnipeg, True North Square, Portage Place redevelopment and the Hudson's Bay redevelopment project. The combination of office, hospitality and entertainment uses provides diversified income potential and long-term strategic positioning within Winnipeg's evolving downtown core.